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Ministry of Economy carries out mission to Japan to strengthen bilateral relations

The Ministry of Economy started this Monday (12/9) a mission to Japan to expand economic and trade relations between the two countries, with expectations of growth in trade and new investments. In addition to technical visits to industrial plants, the delegation – headed by the special secretary for Productivity and Competitiveness, Alexandre Ywata – will participate in the 14th Meeting of the Joint Brazil-Japan Committee on Promoting Trade, Investments and Industrial Cooperation (Meti-ME Committee) and the 25th Plenary Meeting of the Brazil-Japan Business Council (Cebraj).

The objective of the mission is to strengthen partnerships aimed at sustainable development, with a focus on decarbonization and in segments such as mobility and logistics, semiconductors, renewable energy and infrastructure. On these occasions, topics such as Intellectual Property, Export Processing Zones (ZPE) and Startups will also be highlighted.

Japan is currently one of Brazil’s 10 main trading partners, in addition to being one of the largest foreign investors in the country, in different sectors. According to the Special Secretariat for Productivity and Competitiveness (Sepec), there is room to expand these investment flows due to the complementary characteristics between the two economies, and Brazil can contribute even more, for example, to Japan’s food and energy security. .

Schedule

This Monday (12/9), the Brazilian delegation participated in meetings with representatives of Primearth EV Energy (Peve) and Toyota to learn about the electrification strategy of the Japanese automaker. Visits were made to Peve’s lithium battery plants in Omori, and to the Motomachi plant – where Toyota produces special series vehicles. The group also attended presentations on hydrogen-related activities and on semiconductor procurement.

On Tuesday (13/9), the delegation will meet with executives from the semiconductor manufacturer Renesas and then participate in the 25th Plenary Meeting of Cebraj, in Tokyo. The Plenary continues on Wednesday (14/9).

On Thursday (15/9), still in Tokyo, the Brazilian delegation will be at the Ministry of Economy, Trade and Industry of Japan (Meti), for the 14th Meeting of the Meti-ME Committee.

The last appointment will take place on Friday (9/16), during a working lunch at the residence of the Brazilian ambassador to Japan, Octávio Côrtes, where the topics discussed during the mission will be evaluated and the next steps to be taken will be discussed. The delegation’s return to Brazil is scheduled for Saturday (17/9).

 

Source: Ministry of Economy

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09.19.2022

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